All HFCAA articles

  • SEC building
    Article

    SEC warns auditors of risks in taking on Chinese clients

    2022-09-07T19:02:00Z

    U.S.-based audit firms seeking new public company clients in China should ensure they have full access to previous audits and work papers before taking the job or risk potential enforcement, the acting chief accountant at the Securities and Exchange Commission warned.

  • China stocks
    Article

    ‘A step in the process’: PCAOB, China agree on U.S. audit access

    2022-08-26T14:19:00Z

    U.S. audit regulators are set to end yearslong inspection barriers to the work of public accounting firms headquartered in mainland China and Hong Kong after the Public Company Accounting Oversight Board reached agreement with Chinese regulators on a new access framework.

  • DiDi
    Article

    Chinese companies facing HFCAA delisting seeking alternatives

    2022-07-14T19:09:00Z

    Chinese businesses identified as noncompliant with the Holding Foreign Companies Accountable Act are trying a variety of strategies to circumvent or comply with the law before they are delisted from U.S. exchanges.

  • Baidu
    Article

    Baidu headlines new batch of HFCAA designations

    2022-03-30T18:56:00Z

    Technology giant Baidu is the latest high-profile Chinese company to be warned by the Securities and Exchange Commission of potential delisting under the Holding Foreign Companies Accountable Act.

  • Weibo
    Article

    SEC adds Weibo to HFCAA watchlist

    2022-03-23T18:33:00Z

    The Securities and Exchange Commission added Chinese social media giant Weibo Corp. to its list of companies not in compliance with the Holding Foreign Companies Accountable Act.

  • KFC China
    Article

    SEC notifies five Chinese companies of HFCAA noncompliance

    2022-03-11T20:28:00Z

    The Securities and Exchange Commission has notified five China-based public companies they could be delisted from U.S. stock exchanges if they do not allow their audits to be inspected by the Public Company Accounting Oversight Board.